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     Business    

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Ukraine??™s economic growth up 8.2% on year in November, govt says

KIEV, Dec. 15 ??“ Ukraine??™s economy expanded 8.2% on the year in November led by robust exports of steel, the country??™s main export commodity, the State Statistics Committee reported Friday.

The economic expansion accelerated to 6.7% on the year in January through November suggesting the annual growth may exceed the government??™s target of 5.8% to 6%.


European companies would win if Ukraine joins EU, Egis CEO says

KYIV, Nov 15 – Ukraine's membership in the European Union would be a huge advantage for private and public companies in the EU, Laurent Germain, CEO of Egis Group, said at the first EU-Ukraine investment conference as part of the international ReBuild Ukraine exhibition in Warsaw on Wednesday.


Ukraine may lose steel sector edge if Russia take over Pokrovsk coal

KYIV, Nov 15 – If Russian forces capture the largest coking coal producer in Ukraine, PJSC Pokrovske Coal (Donetsk region), part of the Metinvest Group, near Pokrovsk, around 50% of the country’s steel production could become uncompetitive.


Ukrainian entrepreneurs increasingly complain over state bodies in Q3

KYIV, Nov 15 – The number of complaints to the business ombudsman from entrepreneurs about violations by state bodies in July-September 2021 increased by 20% compared to the second quarter of 2021 and amounted to 638, Business Ombudsman Marcin Swiecicki said.


BofA downgrades Ukraine’s 2021 economic growth forecast to 3% vs. 4.5%

KYIV, Nov 16 – Analysts of Bank of America Corp. (BofA) have downgraded the forecast for Ukraine's economic growth in 2021 from 4.5% to 3%, which may entail non-payment on value recovery instruments (VRI) in 2023 and increases the likelihood of coupon redemption by the Ministry of Finance, BofA Global Research said in November.


Ukraine sees challenges, opportunities in joining EU’s Green Deal

KYIV, Nov 16 - Ukrainian businesses see both challenges and opportunities in the implementation of the European Green Deal, Olha Boiko, the coordinator of the Industrial Ecology and Sustainable Development Committee of the European Business Association (EBA), said.


Diplomats urge Ukraine to repay debts to renewable energy firms

KYIV, Nov 16 - Ambassadors of more than 10 representing countries in Ukraine, whose businesses have invested more than EUR 2 billion in the Ukrainian renewable energy sector, called on Prime Minister Denys Shmyhal to ensure full repayment of debts to them at a feed-in tariff, in particular through direct payments from the budget and issue of government domestic loan bonds.


Biopharma builds co-working space to rent out lab facilities

KYIV, Nov 16 - The biopharmaceutical company Biopharma has begun the construction of a laboratory building with a coworking space, where it will be possible to rent laboratory facilities.


Shmyhal says agriculture, energy, IT are best areas for investments

KYIV, Nov 16 - Prime Minister Denys Shmyhal said the best areas for investment in Ukraine are the agro-industrial complex, energy, infrastructure and IT.


S&P Global affirms 'B' credit rating on City of Kyiv; outlook stable

KYIV, Nov 16 - S&P Global Ratings on November 13, 2020 affirmed its 'B' long-term issuer credit rating on the Ukrainian capital City of Kyiv, the outlook is stable, the agency said on its website.


    Archive of Business
Currencies (in hryvnias)
  21.03.2025 prev
USD 41.54 41.57
RUR 0.489 0.497
EUR 45.00 45.32

Stock Market
  20.03.2025 prev
PFTS 507.0 507.0
source: PFTS

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